Michigan voters pass Prop 2 that restricts political contributions
(FOX 2) - Michigan voters have backed a ballot proposal that would limit utility companies and large government contractors from making political contributions.
Proposal 2, known as the ‘Money out of Politics’ ballot initiative, restricts companies like DTE and Consumers Energy from making donations to political campaigns and public officials.
What does Prop 2 do?
The backstory:
Voting yes on proposal 2 would change state law that bans regulated utilities like DTE and Consumers Energy from making political donations.
It also targets contractors with over $250,000 annually in government contracts, as well as parties with connections to contractors and those utilities from making direct or indirect campaign contributions to those holding or running for public office.
A yes vote also expands some campaign finance laws by requiring more information about the donors.
Michigan Ballot Proposal 2: Money out of politics
Proposal 2 on the Michigan ballot this November would prohibit utility companies and some government contractors from making political contributions
The Source: Midterm election results and previous reporting were cited for this story.